yeah, no collusion. we own rental properties in upstate NY (sadly). Our insurance costs TRIPLED, property taxes DOUBLED, utilties, DOUBLED. And just look at the costs to do any rehabbing and maintenance!
Again, ZERO collusion, just BIDENflation. Full stop.
That’s NY. This is AZ. Things are different here. Part of the problem here is there’s only a handful of companies that own the majority of the big complexes. So even without collusion if one of them decides to up their rates by 50% that’s a large chunk of the available rentals jumping up. And then when the all do it... well there’s a good chunk of Bidenflation right there.